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HomeMy WebLinkAboutR-2006-223 Water Main Looping Loan Amend 1 RESOLUTION NO. 2006-223 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF DANIA BEACH, FLORIDA, RELATING TO THE STATE REVOLVING FUND LOAN PROGRAM; MAKING FINDINGS; AUTHORIZING THE SUBMISSION OF A LOAN APPLICATION AMENDMENT NO. 1 FOR THE AMOUNT OF $204,405.00 FOR CONSTRUCTION ACTIVITIES ASSOCIATED WITH CONSTRUCTION OF THE WATER MAIN LOOPING PHASE I — WATER PLANT TO DOWNTOWN WATER MAIN FOR THE CITY WATER SYSTEM; AUTHORIZING THE PROPER CITY OFFICIALS TO EXECUTE THE LOAN AGREEMENT; ESTABLISHING PLEDGED REVENUES; DESIGNATING AUTHORIZED REPRESENTATIVES; PROVIDING FOR CONFLICTS; FURTHER, PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, Florida Statutes provide for loans to local government agencies to finance the construction of wastewater facilities; and WHEREAS, Florida Administrative Code rules require authorization to apply for loans, to establish pledged revenues, to designate an authorized representative; to provide assurances of compliance with loan program requirements, and to enter into a loan agreement; and WHEREAS, the State Revolving Fund loan priority list designates DEP Project No. DW060403 for financing of construction activities involved with the construction of the Water Main Looping Phase I — Water Plant To Downtown Water Main project approved in the FY-06 Capital Improvement Plan which is eligible for available funding; and WHEREAS, the City Commission previously approved a resolution for the loan application to the State Revolving Fund program for the work in the amount of$1,159,000.00, which covered the first phase of the work. WHEREAS, the City of Dania Beach, Florida, intends to enter into a loan agreement amendment with the Department of Environmental Protection under the State Revolving Fund for project financing; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF DANIA BEACH, FLORIDA: Section 1. That the foregoing findings are incorporated by reference. Section 2. That the City of Dania Beach, Florida is authorized to apply for a loan amendment to finance DEP Project No. DW060403. Section 3. That the revenues pledged for the repayment of the loan are net water and sewer system revenues after payment of debt service on the City's outstanding obligations as noted in the loan application. Section 4. That the City Manager is designated as the authorized representative to provide the assurances and commitments required by the loan application. Section 5. That the City Manager is designated as the authorized representative to execute the loan agreement which will become a binding obligation in accordance with its terms when signed by both parties. The City Manager is authorized to delegate responsibility to appropriate City staff to carry out technical, financial, and administrative activities associated with the loan agreement. Section 6. That the legal authority for borrowing monies to construct this project is the Florida Statutes. Section 7. That all resolutions or part of resolutions in conflict with any of the provisions of this Resolution are repealed. Section 8. That if any Section or portion of a Section of this Resolution proves to be invalid, unlawful, or unconstitutional, it shall not be held to invalidate or impair the validity, force or effect of any other Section or part of this Resolution. 2 RESOLUTION#2006-223 Section 9. That this Resolution shall become effective immediately upon its passage and adoption. PASSED AND ADOPTED on December 12, 2006. x � PATRICIA FLURY MAYOR-COMMISSIONER ATTEST: LOUISE STILSON, CMC CITY CLERK APPROVED AS O F RM AND CORRECTNESS: THOMAS/J. A MSBRO f CITY ATTORNEY 3 RESOLUTION#2006-223 '= `= CITY OF DANIA BEACH Agenda Item # g ° Agenda Request Item Date of Commission Meeting: 12/12/2006 Adopt Resolution ❑X Adopt Ordinance (1st Reading) ❑ Adopt Ordinance (2nd Reading) ❑ Award Bid /RFP ❑ Presentation ❑ Continued from: Requested ACtioif {Idenfi appropriate Action ocMobon) .. Approval of Loan Agreement Amendment No. 1 for State Revolving Funds for Water Main Looping Phase I -Water Plant to Downtown Water Main at US - 1. m 1Nhy Actton is Necessary . , .. .. State Revolving Fund Loans were identified in 2003 as the funding source for this project. On May 10, 2006, the City received bids for the Water Main Looping Phase I Project. The low bid of$1,363,405 exceeded the loan amount of $1,159,000 by $204,405. hat`Action Accomplishes n 1 . Provides additional funds to meet the Bid amount. PurchasmgRequests�ONLY . Dept: 3302 Water Utility Water Distribution Acct#: Amt: Fund: General: ❑ Water: ❑ Sewer: ❑ Stormwater: ❑ Grants: ❑ Capital: ❑ .a Suriimary Explanation/Background x: See Memo Fiscal ImpacVCost Summary Part of SRF funding for infrastructure improvements Exhibits Atfached• Resolution Memo Exhibit 1 Exhibit 2 Exhibit 3 Exhibit 4 Exhibit 5 Exhibit 6 Exhibit 7 Exhibit 8 uthonzed Signatures v Submitted by Leo Williams Date 12/04/06 Department Director Dominic Orlando Date 12/04/06 HR Director Date Finance Director Patricia Varney Date 12/04/06 City Attorney Thomas J. Ansbro Date 12/04/06 City Manager Ivan Pato Date 12/04/06 City Clerk Uses { �s �.. ,,, a .. __ _ ._.,.,: . e_..,. •�.._, -,. ..,,,, _erg, Commission Action: Approved: ❑ Denied: ❑ Continued to: ❑ mf City of Dania Beach Department of Public Services 100 West Dania Beach Blvd Dania Beach,FL 33004 (954)924-3741 (954)-923-1109(fax) TO: Mayor Patricia Flury Vice Mayor Robert Anton Commissioner John Bertino Commissioner Anne Castro Commissioner Paul Flescher FROM: Ivan Pato, City Manager VIA: Patricia Varney, Finance Director VIA: Dominic F. Orlando, P.E. Director of Public Services Date: November 23, 2006 RE: Approval of Loan Agreement Amendment No. 1 for State Revolving Funds for Water Main Looping Phase I -Water Plant to Downtown Water Main introduction and BackgKound The City Commission previously adopted Resolution 2002-120 approving the Water, Wastewater and Stormwater Facilities Plan. The plan defines future capital infrastructure needs for the water, sewer and stormwater systems in the City and recommends improvements to each system based on current deficiencies, anticipated growth demands and compliance with federal and state environmental mandates. The Water Main Looping Phase I - Water Plant to Downtown Water Main Project is a portion of this plan. On May 10, 2006, the City received bids for the Water Main Looping Phase I - Water Plant to Downtown Water Main Project. The scope of services for this project involves the construction of a 20 and 16 inch water main from the water plant to downtown Dania Beach at the intersection of Dania Beach Blvd. and US- 1, and a 12 inch connector water main to Bryan Road. State Revolving Fund Loans were identified in 2003 as the funding source for this project. Florida Statutes provide for loans to local government agencies to finance the construction of water facilities. In order to secure the loans, the Florida Administrative Code rules require authorization to: © apply for loans, o establish pledged revenues, o designate an authorized representative; WWCIP—PH 1 WM Looping Loan Application Amend 1 11-23-2006 Page City of Dania Beach Department of Public Services 100 West Dania Beach Blvd•Dania Beach,FL 33004 •(954)924-3741 (954)-923-1109(fax) o provide assurances of compliance with loan program requirements; and ® enter into a loan agreement; and The State Revolving Fund loan priority list designates the City's Water Main Looping Phase I - Water Plant to Downtown Water Main Project as DEP Project No. DW060403 for financing of these activities. These loan funds are designated as being for construction activities. The City Commission previously approved a resolution or the loan application to the State Revolving Fund program for the work in the amount of$1,159,000.00, which covered the first phase of the work. Recommendation It is recommended that the City Commission approve a resolution or the loan application to the State Revolving Fund program for the work in the amount of$204,405.00, and authorize the City Manager to execute the loan documents. • • WWCIP—PH 1 WM Looping Loan Application Amend 1 11-23-2006 Page 2